Facebook Nets Price Target Hikes On Rising Revenue

By | January 14, 2015

Scalper1 News

Saying Facebook (FB) is on track to benefit from increased video adoption and the launch of a new mobile product, investment bank Oppenheimer late Tuesday boosted the social network’s price target to 100 from 88. On Wednesday, investment bank Credit Suisse raised its price target on Facebook stock to 102 from 88. Oppenheimer maintained its outperform rating on Facebook stock, saying Facebook’s Instagram online mobile photo- and video-sharing Scalper1 News

Scalper1 News